BlackRock: Divest from Raytheon and all War Profiteers
BlackRock has billions of dollars invested in weapons companies such as Lockheed Martin, Raytheon, Northrop Grumman, Elbit, and General Dynamics. They also invest in civilian gun manufacturers. They position themselves as a company that is socially responsible, yet they continue to invest in weapons. They are making a killing on killing.
The misconduct by weapons companies ranges from groundwater contamination to labor violations and includes overinflated pricing and overbilling the federal government. These companies are flagrantly engaging in bad business practices while misusing limited federal resources. By investing in weapons manufacturers, BlackRock is propping up wars, brutal conflicts, and human rights violations on a global scale.
In addition to contributing to the atrocities of war, all five of these companies have dozens of documented cases of misconduct and the collective misuse of billions of federal dollars. BlackRock even has an iShares fund that exclusively profits off of weapons of war.
(Note: Early publicity said this protest would take place on May 3. That turned out to be a BlackRock subgroup that does not invest in weapons; the main shareholder meeting is May 23.)
On May 23, we will stand in solidarity with protesters at the BlackRock shareholders meeting in New York City and call for BlackRock to divest from the war profiteers!